Corporate Profile for Emery Worldwide, dated June 18, 1999.--(BUSINESS WIRE)-- The following Corporate Profile is available for inclusion in your files. News releases for this client are distributed by Business Wire and also become part of the leading databases and online services, including all of the leading Internet-based services. -0-
Published Date: June 18, 1999
Company Name: Emery Worldwide
Address: One Lagoon Drive
Redwood City, CA 94065
Main Telephone
Number: 650/596-9600; 1-800-HI-EMERY
Internet Home
Page Address
(URL): www.emeryworld.com
Chief Executive
Officer: Roger Piazza
Chief Financial
Officer: J. Michael Allgood
Investor Relations
Contact: Patrick Fossenier (CNF Transportation)
Business number: 800/340-6641
Public Relations
Contact: Rocco Sacci
Business number: 650/596-7520; 650/740-4126 (24-hour)
Industry: Transportation
Trading Symbol/
Exchange: CNF/NYSE (Traded under parent company CNF
Transportation Inc.)
Emery Worldwide Emery Worldwide was a cargo airline, once was one of the leading carriers in the cargo airline world. Emery started in 1946 and was the first freight forwarder to receive a carrier certificate from the United States Government. , a subsidiary of CNF CNF Configuration (File Name Extension) CNF Conference CNF Conjunctive Normal Form CNF Could Not Find CNF Chin National Front (Burma) CNF Canadian Nature Federation CNF Cornell NanoScale Facility Transportation Inc. and publicly traded under the CNF stock symbol (NYSE NYSE See: New York Stock Exchange :CNF), specializes in time-definite transportation services for business-to-business shippers of heavyweight cargo. With 1998 revenues of $2.2 billion, Emery provides global air and ocean freight transportation, logistics management Logistics Management is that part of Supply Chain Management that plans, implements, and controls the efficient, effective, forward, and reverse flow and storage of goods, services, and related information between the point of origin and the point of consumption in order to meet and customs brokerage services. The company's primary customer base consists of manufacturing, industrial, retail and government customers. Emery functions as an integrated air freight carrier in North America, relying on the aircraft fleet of its sister company Emery Worldwide Airlines, operating out of Dayton, Ohio. Internationally, Emery functions as an air freight forwarder Forwarder Acts as a travel agent for cargo. A forwarder specializes in arranging the transport and completing required shipping documentation. Some are affiliated with NVOCC services. In the United States they are licensed by the Federal Maritime Commission. , using scheduled commercial airlines to transport cargo. Emery's logistics unit most recently won an $18-million/year contract to operate General Motors' aftermarket parts distribution in Brazil, the seventh such contract Emery has been awarded by GM's international operations. In addition to air freight, the company is a licensed ocean freight forwarder An individual who, as a regular business, assembles and combines small shipments into one lot and takes the responsibility for the transportation of such property from the place of receipt to the place of destination. and non-vessel operating common carrier Non-vessel operating common carriers (NVOCC) are one type of sea freight forwarders. Instead of using their own ships, they operate as transportation or logistics intermediaries. (NVOCC See Non Vessel Operating Common Carriers. ), maintains logistics operations around the world and provides customs brokerage and consulting services. Based in Redwood City, Calif., Emery provides service to 229 countries through a network of more than 560 service centers and agent locations around the world. |
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